ITR Filing: The Income Tax Department has launched a new feature for taxpayers. Under this feature, applications for rectification of errors in certain income tax orders can now be filed directly online. Previously, this process was lengthy and cumbersome, requiring manual submission of applications or processing through an assessing officer (AO).
The Income Tax Department has announced that rectification requests against Transfer Pricing (TP), Dispute Resolution Panel (DRP), and Revision Orders can now be submitted directly to the relevant authority through the e-filing portal. To do this, click on the Services tab in the e-filing portal, then Rectification, and then click on the Request to AO seeking rectification option.
What does it mean?
According to chartered accountant Dr. Suresh Surana, following this change, taxpayers can now submit electronic rectification requests directly to the appropriate tax authority by visiting the Income Tax Department’s e-filing website. This is particularly helpful in cases where there is a clear error in the assessment order. If a taxpayer finds a clear error in the following orders, they can do so.
Transfer Pricing (TP) Order
DRP Instructions
Revision orders (such as orders made under sections 263 or 264)
So he can directly send the rectification request to the same authority which has the power to enforce the original order.
What are revision orders?
Revision orders are orders issued by senior income tax officials to review or amend the decision of an assessing officer. Under Section 263, an order can be reversed or revoked if it is erroneous or not in the best interest of the department. Section 264 also allows amendments to an order to provide relief to a taxpayer.
What was the problem earlier?
Previously, there was no uniform online system for rectification in these cases. Taxpayers had to submit applications manually or send them through AOs, leading to delays and repeated follow-ups. This new feature makes the entire process digital, simple, and transparent. Application tracking will be easier, paperwork will be reduced, and time will be saved. This will provide significant relief to taxpayers, especially in complex matters like transfer pricing and revisions.
